A report released by the University of California, Riverside, indicates that more attention needs to be placed on finances to increase the number of Latino students graduating in science, technology, engineering and math (STEM) fields.

The authors of the report found STEM majors receiving more financial support from their parents were more likely to graduate from highly selective institutions than students with less support.

According to the authors, the findings reveal yet another way that Latina and Latino students are disadvantaged in the current context of rising college costs and falling non-loan financial aid.